Pay Off Your T-Mobile G1 In Installments

In another case of T-Mobile looking out for the customer, they've just announced their Equipment Installment Plan which allows you to pay off your T-Mobile handheld and/or accessories in four installments.

Given our current economic state, this could potentially do wonders for those not prepared to spend $200+ for a smartphone in one lump sum. With their EIC, T-Mobile won't be charging any interest and there'll be no additional fees. This is almost too good to be true. To quote T-Mobile [via TmoNews]:

Payments are interest free and your total spending capability is determined by certain credit guidelines. There are no additional fees, start up or interest fees associated with this service.